605 W MAJESTIC OAK LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $724,678 and $834,037, with a best estimate of $802,392. That places the property below the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$802,392
$761,413
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G720601C - WOODLAND PARK & WOODLAND PARK WEST, this home's estimated market value is between $724,678 and $834,037. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$58,351 for 200 sqft more living space and -$7,998 for being older. Net adjustment: +$50,353.
Adjusted +$56,308 for 193 sqft more living space and +$7,998 for being newer. Net adjustment: +$64,306.
Adjusted -$104,739 for 359 sqft less living space and -$7,998 for being older. Net adjustment: -$112,737.
Adjusted -$68,562 for 235 sqft less living space and -$7,998 for being older. Net adjustment: -$76,560.
Adjusted -$60,685 for 208 sqft less living space and -$7,998 for being older. Net adjustment: -$68,683.
The Neighborhood
This home is valued 18.7% below the G720601C - WOODLAND PARK & WOODLAND PARK WEST median of $936,407. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
G720601C - WOODLAND PARK & WOODLAND PARK WEST
below averageThis home is -18.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,844 across all districts. With a homestead exemption claimed, that drops to $10,233 — saving $1,611 per year. That's $853 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $7,999 |
| Williamson County | County | 0.3694% | $2,813 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $694 |
| Williamson County FM/Rd | County | 0.0443% | $338 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $11,844 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $802,392 would pay approximately $5,009 per month (principal and interest only, excluding taxes and insurance).